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Karachi, Shahmurad Sugar Mills Ltd. (SHSML), recognized for its significant contributions to the sugar industry since 1984, has declared a staggering 500% dividend following an outstanding EPS of Rs. 330 for January to March 2024. The company’s trading rate soared to Rs. 582.07, with a high of Rs. 576.00 and a low of Rs. 211.19, reflecting robust investor confidence. The daily weighted average rate stood at Rs. 150.23, showcasing the company’s strong market performance and its commitment to rewarding shareholders.
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